Tudor Investment Corp ET AL Grows Stock Position in American Homes 4 Rent $AMH

Tudor Investment Corp ET AL boosted its stake in shares of American Homes 4 Rent (NYSE:AMHFree Report) by 1,653.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 631,484 shares of the real estate investment trust’s stock after purchasing an additional 595,465 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.17% of American Homes 4 Rent worth $20,997,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB grew its position in shares of American Homes 4 Rent by 10,728.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 751 shares in the last quarter. Parallel Advisors LLC raised its holdings in American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 442 shares in the last quarter. SJS Investment Consulting Inc. purchased a new position in American Homes 4 Rent in the third quarter worth approximately $43,000. CIBC Private Wealth Group LLC lifted its stake in American Homes 4 Rent by 4,356.7% in the third quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 1,307 shares during the last quarter. Finally, Rakuten Investment Management Inc. acquired a new position in American Homes 4 Rent during the 3rd quarter worth approximately $47,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

Insider Activity at American Homes 4 Rent

In other news, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, March 3rd. The stock was bought at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the purchase, the director owned 36,723 shares in the company, valued at $1,075,983.90. This represents a 5.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Douglas N. Benham acquired 1,571 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was purchased at an average cost of $24.00 per share, with a total value of $37,704.00. Following the completion of the acquisition, the director directly owned 43,517 shares of the company’s stock, valued at approximately $1,044,408. This trade represents a 3.75% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have acquired 6,771 shares of company stock worth $183,684. 6.32% of the stock is currently owned by corporate insiders.

American Homes 4 Rent Trading Down 2.8%

NYSE AMH opened at $27.36 on Friday. The firm’s fifty day moving average price is $30.50 and its 200 day moving average price is $31.74. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $39.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $9.95 billion, a price-to-earnings ratio of 23.18, a price-to-earnings-growth ratio of 4.06 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMHGet Free Report) last released its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.14). The company had revenue of $402.93 million during the quarter, compared to analyst estimates of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, sell-side analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a dividend of $0.33 per share. The ex-dividend date is Friday, March 13th. This represents a $1.32 dividend on an annualized basis and a yield of 4.8%. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s dividend payout ratio (DPR) is 111.86%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. Deutsche Bank Aktiengesellschaft dropped their target price on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Friday. BMO Capital Markets restated a “market perform” rating and issued a $37.00 price target on shares of American Homes 4 Rent in a research note on Friday, January 9th. Wells Fargo & Company lowered their price objective on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Thursday, March 5th. Finally, Citigroup dropped their price objective on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Seven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $35.21.

Get Our Latest Stock Analysis on AMH

American Homes 4 Rent Company Profile

(Free Report)

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.

See Also

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Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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